In “Musk,” Alex Gibney Punctures Elon’s Self-Mythology “To make this film, I set out to solve a mystery,” Gibney says in the documentary. “How could Musk assume so much power, and why had we given it to him?” Photograph by Ken Cedeno / Alamy / Courtesy MUSK When Tesla introduced its first mass-market car, the Model 3, at an event in 2016, Elon Musk seemed like a different person from the one he is today. Boyish and trim, he started off his presentation by reminding the audience of Tesla’s mission and why everyone should care about what it was doing. “It’s very important to accelerate the transition to sustainable transport . . . this is really important for the future of the world,” he said. A screen behind him showed a chart of rising carbon-dioxide levels in the atmosphere; Musk noted that the line was still moving sharply up. “What that CO 2 increase results in is a steadily increasing temperature. So we’ve already increased by two degrees. In fact, that doesn’t tell the who...
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Slowing deals are a flashing red sign for equities Financial Times Europe 10 Oct 2026 Think of it as a bull mar ket with no horns. Earlier this week, the S&P 500 hit an alltime high, a scen ario that would nor mally come with a frenzy of mer gers, acquis i tions and pub lic offer ings. Rising prices usu ally lead to rising animal spir its, after all. But after what looked like a healthy start to 2026, cor por ate deal mak ing has proven oddly muted. Sev eral high-pro file list ings, like that of OpenAI, fit ness tracker Oura (pic tured) and Soft Bank’s green field data centre builder SB Energy, have been post poned. Reas ons vary: SB Energy is still wait ing for reg u lat ors to sign off. But out side of buoy ant equity prices, con di tions aren’t ter ribly friendly. Interest rates, which impact com pan ies’ cost of cap ital, are rising. Con sumer con fid ence has been hit by higher prices and mort gage rates, as well as weak job hir ing trends. And the S...
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Portfolios are now alarmingly focused on one trade — AI Financial Times Europe 10 Oct 2026 Katie Mar tin katie.mar tin@f com The hot new invest ment theme was AI once — a shiny oppor tun ity for money man agers of all sizes will ing to put their cap ital to work in a trans form at ive tech no logy. It still is that, sort of, if you look past the warn ings of a robot apo ca lypse, the destruct ive “rogue” hack ing agents that look more like a fea ture than a bug and the legal risks circ ling around AI labs. (“Oops, our agents did it again” is wear ing thin as an excuse.) Des pite all that, no one can reas on ably doubt the once-in-a-gen er a tion money mak ing cap ab il it ies of the eco sys tem, from chips to data centres, and that’s the bit that pro fes sional investors are paid to think about. But the AI trade is no longer new and it is no longer “a” theme. Instead it has morphed into “the” theme — a vast, suf cat ing blob slathered on top of the global fin an cial ...
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Zohran Mamdani’s Moral Obscenity Credit... Amir Levy/Getty Images Listen · 5:48 min 37 Opinion Columnist Zohran Mamdani, New York City’s mayor, set off a firestorm of criticism Wednesday morning with a social media post ostensibly intended to commemorate the Oct. 7, 2023, massacre of Israelis. It devoted a brief paragraph to condemning Hamas and commiserating with its victims. The rest was a much longer denunciation of Israel’s “ongoing genocide in Gaza,” a “world in which occupation and apartheid continue,” and a situation in which “our federal government continues its complicity with every arms shipment.” In response, Ammiel Hirsch, the president of the New York Board of Rabbis, said the statement was “so offensive to so many Jews that it is hard to describe how offensive it is.” In fact, it’s a moral obscenity. Let me count the ways. It is obscene in the same way it would have been obscene if the mayor had commemorated the 25th anniversary of Sept. 11 last month with a perfun...
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Learn more about Refinitiv My News Four signs it is about to get uglier in the bond market By Gertrude Chavez-Dreyfuss , Suzanne McGee and Laura Matthews October 9, 2026 6:05 PM GMT+8 Updated 3 hours ago Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 16, 2026. REUTERS/Jeenah Moon Purchase Licensing Rights , opens new tab Summary US bond market selling could worsen on rising volatility, more debt issuance Corporate issuance could cause buyers to sell Treasuries to make room in portfolios Mortgage-related hedging is rising, adding to pressures NEW YORK, Oct 9 (Reuters) - It is white-knuckle time in the bond market. US Treasury yields have risen sharply since the war with Iran began in February, with the 10-year yield up some 135 basis points to 5.23% and the 30-year yield up around 110 basis points from its March low to 5.614%. Both are trading at levels last seen more than two decades ago. Learn about the latest breakthroughs ...